By MIKE ALLEN & JOSH GERSTEIN, Politico Obama is running GM from the White House and fires Wagoner The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said. On Monday, President Barack Obama is to unveil his plans for the auto [...]
Archive for March, 2009
30 Mar
500 plus Junket with Obama to Europe
By Paul Harris and Robin McKie, The Observer 500 plus will junket with Obama to Europe With an entourage of 500 staff, an armour-plated limousine and a fleet of decoy helicopters, America’s new president will arrive for his first visit to Britain amid huge razzmatazz on Tuesday for the G20 summit. But it will be [...]
30 Mar
The Left’s Case Against Charitable Giving
President Barack Obama’s FY 2010 budget proposal to cut the tax deductions that wealthy Americans can claim for their charitable donations has been roundly criticized, including by us here and by Harvard University economic professor Martin Feldstein here. But Obama does have his leftist defenders, including New York City Coalition Against Hunger executive director Joel [...]
30 Mar
The Government as Economic Developer: A Kelo Update
On June 23, 2005, the United States Supreme Court handed down a 5-4 decision affirming the state of Connecticut’s right to evict U.S. citizens from their homes for purposes of “economic development.” In Kelo v. City of New London, plaintiff Suzette Kelo, who had recently bought her dream home on the bank of the Thames [...]
30 Mar
Obama Breaks Transparency Promise Again
Before President Barack Obama took office he promised to: not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days. In just his first week in the White House, Obama broke this promise twice signing both Lilly Ledbetter Fair Pay Act, and [...]
30 Mar
Policy Changes Ahead for Immigration Raids
Immigration raids will soon fade to a memory under Obama Homeland Security Secretary Janet Napolitano has delayed a series of proposed immigration raids and other enforcement actions at U.S. workplaces in recent weeks, asking agents in her department to apply more scrutiny to the selection and investigation of targets as well as the timing of [...]
30 Mar
Do As They Say, Not As They Want To Do
German Chancellor Angela Merkel, March 14, 2009: If we want to actually strengthen the effect of such [stimulus] packages you simply have to implement them and not talk about the next one before the first has actually taken effect. Bloomberg, March 26, 2009: Chancellor Angela Merkel is injecting 82 billion euros ($110 billion) into the [...]
30 Mar
Our Economic Freedom Has Been Sacrificed
Yesterday on Face the Nation, CBS’s Bob Schieffer asked President Barack Obama: Mr. President, you’re scheduled to announce on Monday what you plan to do with the auto industry as they’re asking for more federal money. … You’ve told them they’re gonna have to cut back, present a different business plan. Our sources tell us [...]
29 Mar
Hedging on Afghanistan
Obama has “friends” in Afghanistan Pres. Barack Obama’s speech today was the first step toward making the Afghan war politically his own. He couched his commitment to the war accordingly, minimizing it as much as he could manage while remaining consistent with the central thrust of his speech, which was dedicated to explaining why we [...]
29 Mar
NEW ERA OF SPEND & BLAME
Obama spends and then blames others FOR a guy who talks so much about wanting a new era of re sponsibility, President Obama spends an awful lot of time blaming Republicans for all the wild and reckless spending he crammed into his own budget. After running a campaign against the $1 trillion deficit he “inherited” [...]